What's it mean for the economy that 110,000 jobs were created last month and unemployment ticked up to 4.7%? Steve Tripoli asked economists for some clarity in the Labor Department figures. But, well, they're economists.
The Labor Department reported that the unemployment rate ticked up last month to 4.7 percent, the highest rate in more than a year. But Amy Scott reports why economists still think this report is pretty good.
Rising prices will be a big issue for the next leader of Argentina. Government figures are expected to peg the annual inflation rate at 8%, but many economists say the actual rate is much higher. Rachel Hopkin reports.
American private equity firm JC Flowers has raised £15 billion to buy British mortgage lender Northern Rock, which recently borrowed several billion dollars from the Bank of England to get out of trouble. Stephen Beard reports.
In response to the events in Myanmar last week, the U.S. imposed new economic sanctions. But critics say they're not strong enough -- particularly regarding the country's lucrative gem trade. Amy Scott reports.
Swiss bank UBS today reported substantial losses and announced 1,500 job cuts -- including the CEO. Scott Jagow asks Stephen Beard in London whether similar statements are on their way from other European banks.